Short Interest in Dimensional Emerging Markets Value ETF (NYSEARCA:DFEV) Declines By 83.9%

Dimensional Emerging Markets Value ETF (NYSEARCA:DFEV) saw a large drop in short interest during the month of May. As of May 29th, there was short interest totaling 63,775 shares, a drop of 83.9% from the May 14th total of 396,952 shares. Currently, 0.1% of the company’s shares are sold short. Based on an average daily volume of 195,475 shares, the days-to-cover ratio is currently 0.3 days.

Hedge Funds Weigh In On Dimensional Emerging Markets Value ETF

A number of large investors have recently modified their holdings of the company. Angeles Wealth Management LLC purchased a new stake in shares of Dimensional Emerging Markets Value ETF during the 1st quarter worth about $33,000. RHL Group LLC purchased a new position in Dimensional Emerging Markets Value ETF in the fourth quarter valued at approximately $38,000. Signaturefd LLC lifted its position in Dimensional Emerging Markets Value ETF by 114,400.0% during the fourth quarter. Signaturefd LLC now owns 1,145 shares of the company’s stock valued at $39,000 after buying an additional 1,144 shares in the last quarter. Northwestern Mutual Wealth Management Co. lifted its position in Dimensional Emerging Markets Value ETF by 388.2% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 1,401 shares of the company’s stock valued at $47,000 after buying an additional 1,114 shares in the last quarter. Finally, Fifth Third Bancorp purchased a new stake in Dimensional Emerging Markets Value ETF during the first quarter worth approximately $52,000.

Dimensional Emerging Markets Value ETF Stock Up 0.4%

Shares of DFEV stock traded up $0.15 on Friday, reaching $42.84. 23,870 shares of the stock were exchanged, compared to its average volume of 234,473. The stock has a market cap of $1.95 billion, a P/E ratio of 10.75 and a beta of 0.73. The firm has a 50 day moving average of $40.32 and a two-hundred day moving average of $37.16. Dimensional Emerging Markets Value ETF has a 1-year low of $28.97 and a 1-year high of $44.31.

About Dimensional Emerging Markets Value ETF

The Dimensional Emerging Markets Value ETF (DFEV) is an exchange-traded fund that mostly invests in total market equity. The fund actively selects emerging markets securities of all sizes exhibiting value characteristics, seeking to provide long-term capital appreciation. DFEV was launched on Apr 27, 2022 and is managed by Dimensional.